Legal

Independent 10 years on - the broker response

Ahead of the tenth anniversary of Independent Insurance going bust Insurance Age has canvassed opinion in the broker market asking what impact it had and whether the industry has learnt any lessons.

More judicial reviews but no certainty of success, says RPC

There will be more judicial reviews following the decision by the Financial Services Authority (FSA) to increase the top limit of awards by the Financial Ombudsman Service (FOS) however recent events mean the regulators will be “emboldened” in defending…

Power hour: legally speaking

Our experts debate the issues facing legal expenses insurance, from the implications of the Jackson Review to referral fees and broker understanding of the market. Liz McMahon reports

Government under fire over before the event myth

Legal expenses insurers (LEI) have slammed the government for creating the myth that before the event (BTE) legal protection can fill the gap left by the changes which will result from Lord Justice Jackson’s recommendations.

Banks lose PPI legal challenge

The High Court has ruled in favour of the approach taken by the Financial Ombudsman Service (FOS) and Financial Services Authority (FSA) in the handling of payment protection insurance complaints.

Zurich disappointed by SRA changes

Zurich has raised concerns that the changes unveiled by the Solicitors Regulation Authority (SRA) will not address challenges in the market particularly for small firms renewing professional indemnity (PI) insurance.

SRA confirms ARP changes

The Solicitors Regulation Authority (SRA) has confirmed sweeping changes to the Assigned Risks Pool (ARP) ahead of a full policy statement to be issued on 18 April.

FSA trebles fines to £97m

The Financial Services Authority (FSA) trebled the value of fines it collected from financial services businesses in just one year, from £33.1m to £96.7m, according to Reynolds Porter Chamberlain (RPC).

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: